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had added eight billion and programs that the pentagon did not need or want which would cost seventy four b. and over a ten year period now proportionally that's not extremely high when you're talking about cuts of fifty four b. but nor is it ends and if it can and it prevents the pentagon from prioritizing to maximize the effectiveness of defense dollars for security i think it was a nine hundred fifty. they have a speech to the american association of newspaper editors that sometimes referred to as the cross of iron speech where he talked about you know one bomber equals fifty four thousand barrels of we didn't you know every plane made as a signifies a theft essentially from the hungry but the larger point that he was making was that if you build a weapon of war and a bomb for example and you drop it on somebody that money is just gone whereas if you build a hospital or a school for the same cost it continues to generate revenue for generations and so while we certainly need a military and we should have a smart military. just using the military as a jobs program seems like about
had added eight billion and programs that the pentagon did not need or want which would cost seventy four b. and over a ten year period now proportionally that's not extremely high when you're talking about cuts of fifty four b. but nor is it ends and if it can and it prevents the pentagon from prioritizing to maximize the effectiveness of defense dollars for security i think it was a nine hundred fifty. they have a speech to the american association of newspaper editors that sometimes referred...
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cut to the pentagon's already requested six hundred. twenty. welcome to have thank you sir pleased to be here thank you what impact first of all will the sequester ration part of the the the automatic defense cuts that were written in back last year when they couldn't work out a deal away have if they were going to effect well it would be a fairly significant impact not so much because of the magnitude of the cuts over a ten year period as it is you have to cut fifty four point seven billion in the nine months remaining in this fiscal year across the board in all the programs without the ability to prioritize that so sounds like a mess it is a mess and also you cannot cut any funds from obligated money that is money that has already been contracted with someone to purchase something and in addition military personnel are exempt so what's left you have to take a big swac out of it well personnel is about a third of the total pentagon. and it but it includes all other sensible cold operations operations but that has to do with all the money to ma
cut to the pentagon's already requested six hundred. twenty. welcome to have thank you sir pleased to be here thank you what impact first of all will the sequester ration part of the the the automatic defense cuts that were written in back last year when they couldn't work out a deal away have if they were going to effect well it would be a fairly significant impact not so much because of the magnitude of the cuts over a ten year period as it is you have to cut fifty four point seven billion in...
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just we have the united states we have another country living side by side with it it's called the pentagon and there's just no controlling it it's gone out of hand that's forty percent of our budget is goes to intelligence security and military. and there's also wall street which is another beast which has its own ethic so i think we'll see was that three countries living side by side tentacles reaching far cross the all over let's talk about nixon your portrayal of nixon was that he was a criminal i mean the cia is portrayed as this evil entity almost the supernatural entity or you know one point the movie the director of the cia is even threatening to kill nixon what do you say to people who say that you were too forgiving of bush and your movie w but i don't see that in nixon that the cia director tried to kill dick said we would that we hinted at there was a controversy between helms richard helms and nixon and part of the problems was to cuba papers and what you are it's a dirty story the cia was we nicknamed sometimes capitalisms invisible army goes back to one nine hundred. eighty s
just we have the united states we have another country living side by side with it it's called the pentagon and there's just no controlling it it's gone out of hand that's forty percent of our budget is goes to intelligence security and military. and there's also wall street which is another beast which has its own ethic so i think we'll see was that three countries living side by side tentacles reaching far cross the all over let's talk about nixon your portrayal of nixon was that he was a...
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pensioners and savers one hundred forty billion pounds so it's not like they are you know people say oh the pentagon money out of thin air they're printing them money in it it's not coming from anywhere that's also false because actually what they're doing is they're transferring money from savers and from the pension industry and from the insurance industry which is now screaming bloody hell because these low interest rates are making it impossible for the insurance industry to operate as an ongoing business here the japanese voter has voted for what they call an aggressive policy not only militaristically against china but they say they want more aggressive currency war and yet if you look at the last twenty years they friends violet. really aggressive in the currency war i look at iceland iceland has collapsed their economy collapsed their banking system collapsed why because of the carry trade because of zero percent interest rates in japan i remember when we made that film money guys or we cover glenn stevens of the reserve bank of australia who said that there was something very strange about
pensioners and savers one hundred forty billion pounds so it's not like they are you know people say oh the pentagon money out of thin air they're printing them money in it it's not coming from anywhere that's also false because actually what they're doing is they're transferring money from savers and from the pension industry and from the insurance industry which is now screaming bloody hell because these low interest rates are making it impossible for the insurance industry to operate as an...